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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Harmony Gold Mining Company
Harmony Gold Mining Company (HAR) investor relations material
Harmony Gold Mining Company Mining Forum Americas 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Mining Forum Americas 2026 summary28 Sep, 2026
Strategic overview and performance
Achieved exceptional operational and financial performance, underpinned by disciplined delivery, portfolio progression, and enduring value.
Focus shifted from acquisitions (up to 2025) to execution and value unlocking (2026–2030).
Beyond 2030, expects cash inflection, stronger margins, lower unit costs, and growing free cash flow.
Achieved lowest ever lost time injury frequency rate of 5.05, emphasizing safety.
Financial and operational highlights
Met gold production guidance for the 11th consecutive year, producing 1.43 million oz gold and 18,200 tons copper.
All-in sustaining cost for gold just under $2,200/oz; copper C1 costs at $2.47/lb.
Headline earnings per share doubled to ZAR 258; record final dividend of ZAR 47/share, totaling ~$500 million.
Gold price received rose 46% to $3,800/oz; all-in sustaining cost margin increased to 42%.
Cost management and capital allocation
Margin expansion driven by cost discipline and improved portfolio quality.
Cash operating cost growth at 7%, below planned mining inflation; labor relations and wage inflation remain controlled.
Diesel exposure limited to 1% of costs; renewable energy strategy mitigates power risks.
FY 2026 all-in cost margin at 36%; capital intensity at gold operations around $650/oz.
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Latest events from Harmony Gold Mining Company
- Record revenue, earnings, and dividends achieved on strong gold and copper performance.HAR
H2 2026 (Media) - Record profit, revenue, and dividends achieved through disciplined growth and portfolio diversification.HARH2 2026
- Record financial results, higher dividends, and robust growth driven by gold-copper diversification.HARH2 2026 (Q&A)
- Returned to net cash, achieved 34% revenue growth, and remain on track for full-year guidance.HARQ3 2026 TU
- Balanced gold-copper growth, strong cash flow, and disciplined capital drive long-term value.HARMining Forum Europe 2026
- Record cash flow, earnings, and dividend growth achieved, with margin pressure expected in FY26.HARH2 2025 (Q&A)
- Interim dividend doubled and operating profit up 61% amid copper expansion and strong cash flow.HARH1 2026 (Q&A)
- Dividend doubles as profit and revenue surge, supported by copper growth and strong cash flow.HARH1 2026
- FY24 delivered record earnings, strong cash flow, and major reserve growth on robust gold prices.HARH2 2024
Next Harmony Gold Mining Company earnings date
H1 202710 Mar, 2027
Harmony Gold Mining Company
Next Harmony Gold Mining Company earnings date
H1 202710 Mar, 2027
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Frequently asked questions
Harmony Gold Mining Company Limited is a South African gold mining and exploration company. It operates underground and surface mines in South Africa and Papua New Guinea. The company is involved in the full mining value chain from exploration and extraction to processing and refining. The company is headquartered in Randfontein, South Africa, and its shares are listed on the JSE.